Answer:
D. 16.7%
Step-by-step explanation:
Rate of return is:
R = (Vf - Vi) / Vi
R is the rate of return, Vf is the final value, and Vi is the initial value. Essentially, you're finding the change in value and dividing by the initial value.
R = (1750 - 1500) / 1500 = 0.167 = 16.7%
Make sure that you divide by the initial value, not the final. If you divided by 1750 instead, you would have gotten 14.3% which is not correct.
Make sure you check your sign as well. The value increased, so the rate of return is positive.
